Report: Colts re-sign TE Dwayne Allen to a four-year deal

The Colts had two tight ends poised to become free agents. They now have one. But the one who re-signed isn’t the one anyone expected to re-sign.

Per a league source, the Colts and tight end Dwayne Allen have worked out a four-year, $29.4 million deal. He’ll get $12 million in year one, $17 million total through two years, and $22 million through three years. The includes $16 million guaranteed; it’s unclear how much is fully guaranteed at signing.

Related players: Coby Fleener

Fantasy Impact: 

This is a surprise since the Colts were rumored to be set on re-signing Coby Fleener, not Allen. If Fleener moves on, Allen will be a sleeper provided he's the primary receiving tight end in Indianapolis. He has only averaged 3.4 targets per game in 43 career games, but if Fleener is out of the way, that number may double.

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